Financial Analyst – Shared Services & Sales

IKO North America•Wilmington, DE

About The Position

The Financial Analyst provides accurate, timely, and actionable financial and operational analysis to support Shared Services, Sales, and Finance. The role manages recurring reporting on DSO, rebate accuracy and turnaround time, invoicing performance, and accounts payable and receivable statistics. It also supports Sales budgeting, Actual vs. Budget analysis, and monthly, quarterly, and bi-annual commission calculations. Using JDE ERP, Microsoft Excel, Power BI, and other financial systems, the Financial Analyst develops and maintains reporting, analyzes business performance, identifies trends and variances, and provides insights for business decisions. The role also responds to ad hoc reporting and analysis requests and identifies opportunities to improve reporting accuracy, automation, and efficiency. IKO describes its workplace as progressive and challenging and emphasizes employee development, teamwork, and integrity. It offers competitive compensation and health care. IKO is an equal opportunity employer and provides accommodations on request during the selection process.

Responsibilities

Develop, maintain, and distribute scheduled Shared Services reporting, including DSO, rebate accuracy, rebate turnaround time, invoicing scorecard, and accounts payable and receivable statistics.
Ensure recurring reports are accurate, timely, and aligned with established reporting requirements.
Analyze reporting results to identify trends, variances, process issues, and opportunities for improvement.
Work with Shared Services teams to understand business requirements and improve reporting processes.
Automate and enhance recurring reports and dashboards where possible to improve efficiency and reduce manual effort.
Assist with Sales budget planning, including data gathering, analysis, validation, and reporting.
Support the development and maintenance of Sales budgets, forecasts, and financial models.
Prepare Actual vs. Budget reporting for Sales, Rebates, and other key business areas.
Analyze sales performance, identify significant variances, and provide insights into key financial drivers.
Calculate and validate monthly, quarterly, and bi-annual sales commissions according to established compensation plans and commission structures.
Gather, reconcile, and validate sales, revenue, rebate, and other performance data used in commission calculations.
Work with Sales, Finance, HR, and other relevant departments to resolve commission discrepancies and ensure accurate and timely commission payments.
Maintain commission calculation files, supporting documentation, and appropriate audit trails.
Analyze commission results and provide management reporting on commission expense, trends, and variances.
Assist with changes to commission calculations resulting from updates to sales plans, territories, targets, or compensation structures.
Respond to ad hoc reporting and analysis requests.